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News  |  Magnolia Tribune  • 
September 2, 2016

Tax Foundation addresses #msleg study group, advocates phased in changes

Economist: Phasing in tax changes better than sudden shift Nicole Kaeding of the Tax Foundation says those states phased in changes, including cuts in corporate and personal income taxes. Kaeding calls Kansas “an example of what not to do.” She says that state “slashed revenue,” leaving officials with little idea of how much revenue the…
News  |  Magnolia Tribune  • 
September 2, 2016

Mississippi 9th most tax friendly state

Mississippi one of most ‘tax friendly’ states “Mississippi has always made our tax friendly list , but there are a couple caveats there,” said Block. “Their state income tax kicks in really low. Once you make $5,000 in taxable income, you pay a 3 percent income tax. That basically means everybody who lives there is…